Can I retire at age 30 with 12,600,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $12,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$1,040,496$1,031,228$1,022,186$1,013,360$1,004,742$974,140
2 years$515,097$505,504$496,207$487,192$478,448$447,880
3 years$339,987$330,352$321,079$312,149$303,547$273,972
4 years$252,449$242,844$233,663$224,886$216,493$188,136
5 years$199,940$190,393$181,332$172,734$164,574$137,513
6 years$164,946$155,470$146,543$138,137$130,222$104,480
7 years$139,959$130,563$121,778$113,570$105,905$81,482
8 years$121,228$111,917$103,277$95,271$87,859$64,738
9 years$106,667$97,444$88,953$81,150$73,990$52,147
10 years$95,025$85,892$77,551$69,952$63,043$42,446
11 years$85,506$76,465$68,275$60,879$54,219$34,833
12 years$77,579$68,630$60,592$53,399$46,985$28,769
13 years$70,877$62,022$54,135$47,143$40,972$23,884
14 years$65,137$56,376$48,641$41,849$35,916$19,912
15 years$60,167$51,501$43,916$37,322$31,623$16,656
16 years$55,823$47,251$39,816$33,417$27,949$13,972
17 years$51,993$43,516$36,231$30,025$24,781$11,748
18 years$48,593$40,211$33,074$27,059$22,034$9,897
19 years$45,555$37,267$30,278$24,450$19,640$8,350
20 years$42,823$34,630$27,788$22,144$17,542$7,055
21 years$40,355$32,257$25,559$20,097$15,698$5,968
22 years$38,115$30,111$23,557$18,273$14,071$5,053
23 years$36,072$28,162$21,751$16,642$12,631$4,281
24 years$34,202$26,386$20,116$15,178$11,353$3,630
25 years$32,485$24,762$18,631$13,862$10,216$3,080
26 years$30,902$23,272$17,279$12,674$9,202$2,614
27 years$29,439$21,902$16,045$11,601$8,297$2,219
28 years$28,083$20,638$14,916$10,629$7,486$1,885
29 years$26,822$19,470$13,881$9,747$6,760$1,602
30 years$25,648$18,387$12,930$8,945$6,108$1,361
31 years$24,552$17,382$12,054$8,216$5,522$1,157
32 years$23,526$16,447$11,246$7,550$4,995$984
33 years$22,565$15,575$10,501$6,943$4,521$837
34 years$21,662$14,762$9,811$6,388$4,093$712
35 years$20,812$14,001$9,173$5,881$3,707$605
36 years$20,012$13,289$8,581$5,416$3,359$515
37 years$19,256$12,622$8,032$4,990$3,044$438
38 years$18,542$11,995$7,521$4,600$2,760$373
39 years$17,867$11,406$7,047$4,241$2,503$317
40 years$17,226$10,852$6,605$3,912$2,270$270
41 years$16,619$10,330$6,193$3,609$2,060$229
42 years$16,042$9,838$5,810$3,331$1,869$195
43 years$15,493$9,374$5,451$3,075$1,696$166
44 years$14,971$8,935$5,117$2,839$1,540$141
45 years$14,473$8,520$4,805$2,622$1,398$120
46 years$13,998$8,128$4,513$2,422$1,269$102
47 years$13,545$7,757$4,240$2,237$1,152$87
48 years$13,112$7,405$3,984$2,068$1,046$74
49 years$12,698$7,071$3,745$1,911$950$63
50 years$12,302$6,755$3,521$1,766$863$54

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $12,600,000, adding $3,282 every year, while hoping to spend $41,755 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 26/46/28 Blend
29$12,600,000$12,600,000$12,600,000$12,600,000
30$13,888,585$13,220,785$13,025,485$14,128,032
31$15,260,794$13,824,177$13,417,412$14,928,568
32$16,771,569$14,455,735$13,821,069$15,783,079
33$18,434,999$15,116,796$14,236,805$16,699,064
34$20,266,610$15,808,760$14,664,979$17,681,749
35$22,283,509$16,533,095$15,105,961$18,736,853
36$24,504,548$17,291,337$15,560,131$19,870,627
37$26,950,498$18,085,099$16,027,882$21,089,916
38$29,644,250$18,916,070$16,509,617$22,402,210
39$32,611,025$19,786,020$17,005,752$23,815,709
40$35,878,619$20,696,803$17,516,713$25,339,396
41$39,477,656$21,650,365$18,042,941$26,983,112
42$43,441,888$22,648,743$18,584,890$28,757,642
43$47,808,502$23,694,074$19,143,026$30,674,806
44$52,618,481$24,788,595$19,717,829$32,747,566
45$57,916,983$25,934,653$20,309,793$34,990,137
46$63,753,772$27,134,707$20,919,428$37,418,111
47$70,183,685$28,391,336$21,547,257$40,048,594
48$77,267,150$29,707,241$22,193,820$42,900,362
49$85,070,758$31,085,255$22,859,671$45,994,022
50$93,667,888$32,528,345$23,545,383$49,352,194
51$103,139,403$34,039,624$24,251,544$52,999,722
52$113,574,410$35,622,354$24,978,758$56,963,884
53$125,071,104$37,279,953$25,727,651$61,274,646
54$137,737,692$39,016,006$26,498,862$65,964,926
55$151,693,415$40,834,269$27,293,053$71,070,895
56$167,069,677$42,738,682$28,110,903$76,632,298
57$184,011,278$44,733,372$28,953,113$82,692,820
58$202,677,789$46,822,667$29,820,403$89,300,476
59$223,245,050$49,011,105$30,713,513$96,508,054
60$245,906,837$51,303,441$31,633,208$104,373,589
61$270,876,687$53,704,661$32,580,272$112,960,898
62$298,389,912$56,219,993$33,555,515$122,340,159
63$328,705,826$58,854,916$34,559,768$132,588,555
64$362,110,189$61,615,175$35,593,888$143,790,982
65$398,917,901$64,506,792$36,658,756$156,040,828
66$439,475,983$67,536,081$37,755,281$169,440,830
67$484,166,846$70,709,661$38,884,396$184,104,021
68$533,411,903$74,034,473$40,047,061$200,154,771
69$587,675,547$77,517,792$41,244,268$217,729,936
70$647,469,535$81,167,246$42,477,033$236,980,121
71$713,357,819$84,990,832$43,746,404$258,071,070
72$785,961,869$88,996,936$45,053,461$281,185,206
73$865,966,541$93,194,347$46,399,314$306,523,318
74$954,126,541$97,592,283$47,785,104$334,306,422
75$1,051,273,550$102,200,407$49,212,007$364,777,815
76$1,158,324,077$107,028,852$50,681,234$398,205,335
77$1,276,288,108$112,088,240$52,194,030$434,883,849
78$1,406,278,641$117,389,710$53,751,676$475,138,001
79$1,549,522,197$122,944,940$55,355,492$519,325,228
80$1,707,370,394$128,766,176$57,006,834$567,839,100
81$1,881,312,710$134,866,255$58,707,099$621,112,982
82$2,072,990,545$141,258,639$60,457,725$679,624,078
83$2,284,212,713$147,957,445$62,260,191$743,897,891
84$2,516,972,522$154,977,472$64,116,020$814,513,125
85$2,773,466,589$162,334,238$66,026,777$892,107,097
86$3,056,115,582$170,044,017$67,994,075$977,381,696
87$3,367,587,068$178,123,870$70,019,573$1,071,109,947
88$3,710,820,697$186,591,688$72,104,977$1,174,143,247
89$4,089,055,959$195,466,232$74,252,044$1,287,419,333
90$4,505,862,761$204,767,171$76,462,582$1,411,971,074
91$4,965,175,135$214,515,135$78,738,450$1,548,936,138
92$5,471,328,373$224,731,751$81,081,563$1,699,567,665
93$6,029,099,961$235,439,701$83,493,889$1,865,246,016
94$6,643,754,678$246,662,767$85,977,456$2,047,491,718
95$7,321,094,302$258,425,889$88,534,347$2,247,979,734
96$8,067,512,381$270,755,218$91,166,708$2,468,555,184
97$8,890,054,598$283,678,178$93,876,747$2,711,250,670
98$9,796,485,284$297,223,525$96,666,735$2,978,305,363
99$10,795,360,721$311,421,416$99,539,008$3,272,186,035
100$11,896,109,921$326,303,472$102,495,972$3,595,610,243